Time: 13 September – 12 December 2021
Place: Xamk Learn – digital learning environment
Extent: 5 ECTS credits

Number of study places: 100
Target group: All that are interested in the topic
Required previous skills: The knowledge of the basics in accounting and leadership is recommended.
Lecturer: Mr Juha Häkkinen

Credited in degree: Bachelor of Business Administration, Wellbeing management / All bachelor level degrees at Xamk
Enrolment by: 29 August 2021
Price: Free of charge

Please notice, that
! Xamk degree students cannot enrol on Open UAS courses !

Learning outcomes:

  • You are able to take into account the financial goals of a service enterprise and act accordingly from the leadership point of view.
  • You are able to interpret financial information.
  • You are able to utilize financial information in management decision making.
  • You are able to apply the most common price setting methods.

Contents and methods:

  • How can the profitability of a service enterprise be affected?
  • How does the price setting affect the profitability of an enterprise?
  • What do financial statements indicate about the financial situation of a service enterprise?
  • What kind of key ratios and indicators can be used in analyzing the economic situation of a service enterprise?
  • What kind of calculations can be used in decision making?

The knowledge of the basics in accounting and leadership is recommended.

Independent work, small tasks and maybe an online exam.

Student's workload is approximately 130 hours.

Study material:
Study material is available on e-learning platform.

Assessment criteria:
a. You can use professional vocabulary related to leadership in financial administration.
d. You can evaluate operations considering leadership in customer, user, and other target group situations.
e. You can choose the most appropriate models and methods and justify your choices.

Assessment scale:

This course is based on the curricula of Xamk's degree programmes and the Finnish credits are fully compatible with the ECTS.

Additional information on enrolment:
Open University of Applied Sciences office, email openstudies@xamk.fi.

Terms of cancellation: 
Cancellation has to be made 14 days before the course starts. Cancellation by email to openstudies@xamk.fi.

You'll receive an invitation by email to this course approx. one week before the course starts.